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BioCube (BioCube) Return-on-Tangible-Equity : 0.00% (As of Jul. 2013)


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What is BioCube Return-on-Tangible-Equity?

Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. BioCube's annualized net income for the quarter that ended in Jul. 2013 was $-0.60 Mil. BioCube's average shareholder tangible equity for the quarter that ended in Jul. 2013 was $-1.53 Mil. Therefore, BioCube's annualized Return-on-Tangible-Equity for the quarter that ended in Jul. 2013 was N/A%.

The historical rank and industry rank for BioCube's Return-on-Tangible-Equity or its related term are showing as below:

BICB's Return-on-Tangible-Equity is not ranked *
in the Diversified Financial Services industry.
Industry Median: 0.53
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

BioCube Return-on-Tangible-Equity Historical Data

The historical data trend for BioCube's Return-on-Tangible-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

BioCube Return-on-Tangible-Equity Chart

BioCube Annual Data
Trend Jun06 Jun07 Jan08 Jan09 Jan11 Jan12 Jan13
Return-on-Tangible-Equity
Get a 7-Day Free Trial -739.33 -1,821.51 - - -

BioCube Quarterly Data
Apr08 Jul08 Oct08 Jan09 Apr09 Oct09 Apr10 Jul10 Oct10 Jan11 Apr11 Jul11 Oct11 Jan12 Apr12 Jul12 Oct12 Jan13 Apr13 Jul13
Return-on-Tangible-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Competitive Comparison of BioCube's Return-on-Tangible-Equity

For the Shell Companies subindustry, BioCube's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


BioCube's Return-on-Tangible-Equity Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, BioCube's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where BioCube's Return-on-Tangible-Equity falls into.



BioCube Return-on-Tangible-Equity Calculation

BioCube's annualized Return-on-Tangible-Equity for the fiscal year that ended in Jan. 2013 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Jan. 2013 )  (A: Jan. 2012 )(A: Jan. 2013 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Jan. 2013 )  (A: Jan. 2012 )(A: Jan. 2013 )
=-0.764/( (-0.994+-1.198 )/ 2 )
=-0.764/-1.096
=N/A %

BioCube's annualized Return-on-Tangible-Equity for the quarter that ended in Jul. 2013 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Jul. 2013 )  (Q: Apr. 2013 )(Q: Jul. 2013 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Jul. 2013 )  (Q: Apr. 2013 )(Q: Jul. 2013 )
=-0.6/( (-1.491+-1.567)/ 2 )
=-0.6/-1.529
=N/A %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Return-on-Tangible-Equity, the net income of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Jul. 2013) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


BioCube  (OTCPK:BICB) Return-on-Tangible-Equity Explanation

Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.


Be Aware

Net Income is used.

Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.


BioCube Return-on-Tangible-Equity Related Terms

Thank you for viewing the detailed overview of BioCube's Return-on-Tangible-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


BioCube (BioCube) Business Description

Traded in Other Exchanges
N/A
Address
3060 West 3680 South, Suite 92, West Valley, UT, USA, 84119
BioCube Inc is a shell company.
Executives
Jan E Chason director 120 WALL STREET, SUITE 2401, NEW YORK NY 10005
Jonathan Gilbert director 36 SYCAMORE LANE, ROSALYN HEIGHTS NY 11577
Gregory D Cohen director, officer: Chief Executive Officer 336 WEST 37TH STREET, 8TH FLOOR, NEW YORK NY 10019

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